Gold has arrived its major resistance area. let's see if Gold could gain its four year high in the next few days.
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Gold was not able to break the resistance area. And as i predicted, it is heading to the trendline.
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If you have a short position, it's time to take some profit. Because gold has reached another strong support area. Let's see if gold could break it in the next several days.
Trade closed: target reached
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Gold finally touched the trendline. Approximately $70000 profit per contract. Now, we need to watch the movement on the trendline.